Retail Banking
Maybank posts $862M first half profits
Maybank posts $862M first half profits
Maybank's profits rose by 21.2 percent to 2.7 billion Malaysian ringgit or US$862 million in the first half from the same period last year.
India and Pakistan to host each other's banks
India and Pakistan have agreed to host two banks from each other.
The end of outsourcing as we know it?
The recent allegations1 and eventual settlement2 against Standard Chartered regarding lapses in their anti-money laundering (AML) controls has made...
Singapore banks brace for weaker non-interest income
Trading-related income fell 39% qoq to S$764m in 2QFY12, says CIMB.
ANZ Bank posts 10% increase in profits
ANZ Bank profited A$4.4 billion for the nine months to June for a 10 percent increase of profits.
China’s Big Four dominate world’s top banks
China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization, said a report by Boston Consulting Group...
Krung Thai Bank to expand in Myanmar, Vietnam
Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam.
Affin starts negotiation for Bank Muamalat merger
Malaysia's central bank has given the green light for Affin to commence negotiations for a possible acquisition of equity interests in Bank Muamalat...
Citibank unveils Dining Program for Philippine cardholders going to Australia
All Citibank credit cardholders get a free bottle of award winning wine everytime they use cards to pay.
BoCom to raise US$8.98 billion for capital replenishment
China's fifth largest lender by assets, has received government approval to complete a private share placement.
ANZ may sell Asia bank stakes due to stringent capital rules
ANZ would sell some of its stakes in Asian banks if Australia does not ease stringent capital requirements, said chief executive Mike Smith.
Indonesia's BTN ups profit by 63% in H1
riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.
CIMB Group's net profit reaches a record RM2.120b in 1H12
Thanks to the strong growth at CIMB Niaga and CIMB Singapore and outperformance at Corporate Banking and Treasury Markets.
State Bank of India strives to stave off bad debt tsunami
Bad debts sour the outlook for India’s largest lender despite a 138% rise in net profit in the three months ended June 30.
Thailand's Kasikorn Bank customizes services for Chinese customers
Kasikorn Bank plans to offer Chinese-language forms and documents, Chinese-speaking call center and a number of Renminbi-based transaction services.
Commonwealth Bank of Australia posts $7.43B profit
The Commonwealth Bank of Australia bucked uncertain business environment to push its profit up 11 percent from last year to US$7.43 billion.
Check out how DBS, OCBC, and UOB fared in 2Q12
Analysts' optimism for the sector is dampened as signs of slowing revenue growth in 2Q raise concerns.
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